Question: Please solve, if right, I will like Gallonte inc. began operations in April of this year. It makes all sales on account, subject to the

Please solve, if right, I will like

Gallonte inc. began operations in April of this year. It makes all sales on account, subject to the following collection pattern: 30% are collected in the month of sale; 60% are collected in the first month after sale; and 10% are collected in the second month after sale. If sales for April, May, and June were $60,000,$120,000, and $70,000, respectively. what were the firm's budgeted collections for the quarter? Multiple Choice $161,000. $180,000 $189,000 $239,000. None of the answers is correct

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